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Executive Summary
This commercial office complex is currently operated as a well-established medical office and consists of two separate buildings on its own parcel. The first building is single-story approximately 2,176 sqft. The second building is two stories and offers approximately 4,726 sqft, plus an additional approximately 2,363 sqft of finished basement space. Located within an established medical corridor, the property shares its setting with a medical office complex that includes medical, dental offices, optical shops, and X-ray labs. Parking is shared between the subject property and neighboring medical complex.
Property Facts
Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Medical
Building Size
9,265 SF
Building Class
C
Year Built
1985
Price
$1,299,000
Price Per SF
$140.21
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,633 SF
Slab To Slab
9’
Building FAR
0.56
Lot Size
0.38 AC
Zoning
AP
Parking
20 Spaces (2.16 Spaces per 1,000 SF Leased)
Amenities
- Fenced Lot
- Reception
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 056-250-033-000 | Improvements Assessment | $814,587 |
| Land Assessment | $121,855 | Total Assessment | $936,442 |
Property Taxes
Parcel Number
056-250-033-000
Land Assessment
$121,855
Improvements Assessment
$814,587
Total Assessment
$936,442
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